Analytics
“25% steel tariff in effect before May?” is a prediction market on Polymarket with two tradeable outcomes, Yes and No. The Yes price is the crowd's implied probability that the question resolves Yes; every trade on the public order book moves it.
The venue reports this market as closed. Its scheduled close is Apr 30, 2025. No resolved outcome is inferred from a closed or suspended state.
Vultax observes this market from Polymarket's public order book and data API and keeps its own record: 30 hourly price points from Feb 11, 2025 to Mar 12, 2025 (Yes between 85.0% and 98.3%); 5 loaded holder wallets, the largest ten holding 100.0% of the loaded shares; 190 recent public fills from 118 wallets. Each figure carries its observation time; nothing here is a return forecast.
Public Polymarket market/event context is available; Vultax source-pack coverage is tracked separately.
This resolved market has no live orderbook depth; the public close quote is shown for context.
Nine stops, one per figure on this page. Each stop says what the number is, why it matters, and what it reads right now for this market.
Each outcome trades as a share that pays $1 if it wins and nothing if it loses. Prices are quoted in cents, and Yes plus No add up to about one dollar.
On February 9, President Trump Sunday said that he would impose a 25 percent tariff on all foreign steel and aluminum imports into the United States, (see: https://www.nytimes.com/2025/02/09/business/economy/trump-steel-aluminum-tariffs.html) This market will resolve to “Yes” if a 25% tariff on imports of steel into the United States goes into effect for any amount of time between February 9, and April 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. For the purpose of this market, "goes into effect" means the start date for the tariffs must have passed without being further delayed or suspended. A general tariff that includes item or country specific exceptions will still qualify, as long as a policy of a 25% tariff on imports of steel into the United States is in effect. Only tariffs specifically targeting steel will qualify. For example, a general tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution. This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.
Official listing: polymarket.com/event/25-steel-tariff-in-effect-before-may
The Yes price read as a chance. A share at 21.5¢ means the crowd gives Yes about a 21.5% chance right now. It moves with every trade, so it is a live forecast, not a verdict.
Dollar value of shares that changed hands in the last 24 hours. High volume means the price is being tested by real money; low volume means a few trades can move it.
Dollars resting in the order book, waiting to be traded against. Deep liquidity lets a large order fill near the quoted price; thin liquidity means the price jumps when someone trades size.
The gap between the best bid and the best ask. A tight spread makes entry and exit cheap; a wide spread is a cost paid on every round trip.
The wallets holding the most shares on each side, and how much of the loaded sample the largest ten control. Concentration shows whether a market is a crowd or a handful of large positions.
The public fills, newest first: which wallet bought or sold which outcome, at what price, and when. It is the market's own diary, and every wallet on it links to a trader profile.
Hourly closes of the Yes price. The range shows how sure or split the crowd has been; the move shows which way it has been changing its mind.
Trading stops at the close time. The outcome is then settled by the resolution source named in the rules. A closed market is not resolved until the venue reports it, so the two states are shown separately.
| Trader | Outcome | Shares |
|---|---|---|
| BabyYoda12 | No | 3.16K |
| orenz | No | 345.01 |
| PolyDump | No | 100 |
| ROD | No | 100 |
| quentin000 | Yes | 5.19 |